Verizon Fios, what’s that? The Korea Communications Commission has finalized plans to build the world’s fastest wired and wireless internet service by 2012. At ten times the speed of the country’s current service, internet services will operate an average speed of 1 Gbps through a fixed downlink and 10 Mbps via a wireless connection.
The project will requirement an investment of 34 trillion won over five years and be available in Korea’s larger cities. Smaller Korean towns will offer fixed line speeds of 50 to 100 Mbps downstream.
Think of it this way: a typical 2 hour film will take 2 minutes to fully download at 1 Gbps. Wow.